Garrett Motion Stock Market Value
| GTX Stock | USD 8.96 0.09 0.99% |
| Symbol | Garrett |
Garrett Motion Price To Book Ratio
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Garrett Motion. If investors know Garrett will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Garrett Motion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.053 | Earnings Share 1.22 | Revenue Per Share 15.559 | Quarterly Revenue Growth (0.14) | Return On Assets 0.1262 |
The market value of Garrett Motion is measured differently than its book value, which is the value of Garrett that is recorded on the company's balance sheet. Investors also form their own opinion of Garrett Motion's value that differs from its market value or its book value, called intrinsic value, which is Garrett Motion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Garrett Motion's market value can be influenced by many factors that don't directly affect Garrett Motion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Garrett Motion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Garrett Motion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Garrett Motion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Garrett Motion 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Garrett Motion's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Garrett Motion.
| 11/28/2024 |
| 12/28/2024 |
If you would invest 0.00 in Garrett Motion on November 28, 2024 and sell it all today you would earn a total of 0.00 from holding Garrett Motion or generate 0.0% return on investment in Garrett Motion over 30 days. Garrett Motion is related to or competes with Resideo Technologies, AdvanSix, GrafTech International, Innoviva, and Perdoceo Education. Garrett Motion Inc., together with its subsidiaries, designs, manufactures, and sells turbocharger and electric-boosting... More
Garrett Motion Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Garrett Motion's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Garrett Motion upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.08 | |||
| Information Ratio | 0.0771 | |||
| Maximum Drawdown | 11.39 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 3.27 |
Garrett Motion Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Garrett Motion's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Garrett Motion's standard deviation. In reality, there are many statistical measures that can use Garrett Motion historical prices to predict the future Garrett Motion's volatility.| Risk Adjusted Performance | 0.08 | |||
| Jensen Alpha | 0.1762 | |||
| Total Risk Alpha | 0.1252 | |||
| Sortino Ratio | 0.0775 | |||
| Treynor Ratio | 0.5634 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Garrett Motion's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Garrett Motion Backtested Returns
At this stage we consider Garrett Stock to be not too volatile. Garrett Motion holds Efficiency (Sharpe) Ratio of 0.0802, which attests that the entity had a 0.0802% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Garrett Motion, which you can use to evaluate the volatility of the firm. Please check out Garrett Motion's Risk Adjusted Performance of 0.08, downside deviation of 2.08, and Market Risk Adjusted Performance of 0.5734 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. Garrett Motion has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.33, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Garrett Motion's returns are expected to increase less than the market. However, during the bear market, the loss of holding Garrett Motion is expected to be smaller as well. Garrett Motion right now retains a risk of 2.07%. Please check out Garrett Motion potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to decide if Garrett Motion will be following its current trending patterns.
Auto-correlation | -0.83 |
Excellent reverse predictability
Garrett Motion has excellent reverse predictability. Overlapping area represents the amount of predictability between Garrett Motion time series from 28th of November 2024 to 13th of December 2024 and 13th of December 2024 to 28th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Garrett Motion price movement. The serial correlation of -0.83 indicates that around 83.0% of current Garrett Motion price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Garrett Motion lagged returns against current returns
Autocorrelation, which is Garrett Motion stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Garrett Motion's stock expected returns. We can calculate the autocorrelation of Garrett Motion returns to help us make a trade decision. For example, suppose you find that Garrett Motion has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Garrett Motion regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Garrett Motion stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Garrett Motion stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Garrett Motion stock over time.
Current vs Lagged Prices |
| Timeline |
Garrett Motion Lagged Returns
When evaluating Garrett Motion's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Garrett Motion stock have on its future price. Garrett Motion autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Garrett Motion autocorrelation shows the relationship between Garrett Motion stock current value and its past values and can show if there is a momentum factor associated with investing in Garrett Motion.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Garrett Stock Analysis
When running Garrett Motion's price analysis, check to measure Garrett Motion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Garrett Motion is operating at the current time. Most of Garrett Motion's value examination focuses on studying past and present price action to predict the probability of Garrett Motion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Garrett Motion's price. Additionally, you may evaluate how the addition of Garrett Motion to your portfolios can decrease your overall portfolio volatility.